by News Service of Florida | Jul 10, 2024
Citizens Property Insurance Corp. has secured $3.564 billion in reinsurance coverage at a cost of $482 million to help pay claims during this hurricane season, with the purchase approved for up to $5.5 billion but finalized through negotiations. The state’s Citizens...
by News Service of Florida | Jul 9, 2024
A revised federal lawsuit claims Gov. Ron DeSantis violated voters’ due-process and First Amendment rights by suspending State Attorney Monique Worrell. Arguing that Gov. Ron DeSantis’ suspension of Orlando-area State Attorney Monique Worrell “disenfranchised”...
by News Service of Florida | Jul 9, 2024
A state panel continued debating the financial implications of the proposed constitutional amendment on abortion rights, focusing on potential litigation costs and Medicaid implications. Tangling over issues such as costs of potential lawsuits and implications for the...
by News Service of Florida | Jul 8, 2024
State regulators, following a legislative directive included in an energy bill signed by Gov. Ron DeSantis, will study the feasibility of adding advanced nuclear power technologies, with a report due by April 2025. After the issue was tucked into a wide-ranging energy...
by News Service of Florida | Jul 2, 2024
As Florida enters the peak of hurricane season, property insurers have benefited from improved reinsurance market conditions, resulting in better prices and availability, though concerns remain about potential impacts from an active storm season on future market...
